RON.AX
Price:
$0.155
Market Cap:
$6.26M
Ronin Resources Ltd engages in the acquisition, development, evaluation, and exploration of mineral properties in Colombia. The company primarily explores for thermal coal, as well as gold and copper deposits. It holds a 100% interest in the Vetas project, which include one mining title and one mining concession application located in the Colombian Department of Norte de Santander; and the Santa Rosa project, including three mining license applications situated in the foothills of the Serranía de San Lucas in the municipality of Santa Rosa Sur, Department of Bolivár in northern Colombia. The company was incorporated in 2018 and is headquartered in Melbourne, Australia.
Industry
Other Precious Metals
IPO Date
2021-12-28
Stock Exchange
ASX
Ticker
RON.AX
According to Ronin Resources Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 34.05. This represents a change of -48.36% compared to the average of 65.94 of the last 4 quarters.
The mean historical Current Ratio of Ronin Resources Ltd over the last ten years is 41.00. The current 34.05 Current Ratio has changed 8.21% with respect to the historical average. Over the past ten years (40 quarters), RON.AX's Current Ratio was at its highest in in the December 2022 quarter at 198.98. The Current Ratio was at its lowest in in the December 2018 quarter at 0.
Average
41.00
Median
34.05
Minimum
0.04
Maximum
91.29
Discovering the peaks and valleys of Ronin Resources Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 209.76%
Maximum Annual Current Ratio = 91.29
Minimum Annual Increase = -91.61%
Minimum Annual Current Ratio = 0.04
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 34.05 | -62.70% |
| 2024 | 91.29 | 87.40% |
| 2023 | 48.72 | 86.59% |
| 2022 | 26.11 | -69.74% |
| 2021 | 86.29 | 209.76% |
| 2020 | 0.04 | -91.61% |
The current Current Ratio of Ronin Resources Ltd (RON.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
58.02
5-year avg
57.29
10-year avg
41.00
Ronin Resources Ltd’s Current Ratio is less than Bindi Metals Limited (44.02), greater than Kingfisher Mining Limited (20.54), greater than Taruga Minerals Limited (6.16), greater than Cosmos Exploration Limited (6.39), greater than Prospech Limited (1.01), greater than Taiton Resources Limited (0.56), greater than Askari Metals Limited (0.12), greater than LCL Resources Limited (11.37), greater than Godolphin Resources Limited (11.07), greater than Rubix Resources Limited (5.83),
| Company | Current Ratio | Market cap |
|---|---|---|
| 44.02 | $6.43M | |
| 20.54 | $6.11M | |
| 6.16 | $10.71M | |
| 6.39 | $8.89M | |
| 1.01 | $5.30M | |
| 0.56 | $9.63M | |
| 0.12 | $5.45M | |
| 11.37 | $8.39M | |
| 11.07 | $6.34M | |
| 5.83 | $6.45M |
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